Cost Accountant

CFS; Indianapolis (IN); On-site; USD 75,000 - 85,000; Full time

Job summary

CFS in Indianapolis is seeking a Cost Accountant to manage the costing process, analyze production costs, and provide valuable insights into financial performance. This role focuses on cost analysis, variance reporting, and helping to ensure cost-effective operations across all departments.

You will collaborate with operations to maintain accurate costing, support month-end close, and assist in budgeting for production costs while upholding internal controls and policy compliance.

Qualifications

• 3+ years of cost accounting experience, preferably in manufacturing.
• Bachelor's degree in Accounting, Finance, or related field.
• Strong understanding of cost accounting principles.

Responsibilities

• Analyze manufacturing costs and prepare regular cost reports.
• Monitor inventory transactions and maintain accurate records.
• Investigate and explain variances between actual costs and budgeted costs.
• Assist in the development of cost standards and recommend improvements.
• Work closely with the operations team to ensure accurate costing and financial controls.
• Support month-end close activities and prepare relevant financial reports.
• Maintain and update the standard costing system.
• Perform profitability analysis of products and make recommendations.
• Assist in budget preparation and forecasting related to production costs.
• Support audits and ensure compliance with internal policies and procedures.

Skills

Cost accounting

Variance analysis

Financial reporting

Education

Bachelor's degree in Accounting/Finance

Job description

Job Title: Cost Accountant

Location: Indianapolis, IN (FULLY IN OFFICE)

Salary Range: $75,000-$85,000

Employment Type: Full-time

Job Overview

The Cost Accountant will be responsible for managing the costing process and providing valuable insights into production costs and financial performance. This role will focus on cost analysis, variance reporting, and helping to ensure cost-effective operations across all departments.

Key Responsibilities

• Analyze manufacturing costs and prepare regular cost reports
• Monitor inventory transactions and maintain accurate records
• Investigate and explain variances between actual costs and budgeted costs
• Assist in the development of cost standards and recommend improvements
• Work closely with the operations team to ensure accurate costing and financial controls
• Support month-end close activities and prepare relevant financial reports
• Maintain and update the standard costing system
• Perform profitability analysis of products and make recommendations
• Assist in budget preparation and forecasting related to production costs
• Support audits and ensure compliance with internal policies and procedures

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field
• 3+ years of cost accounting experience, preferably in manufacturing or a similar industry
• Strong understanding of cost accounting principles and practices

Why Join Us?

• Competitive salary and benefits package
• Opportunity for professional growth and development
• Work in a dynamic and collaborative environment
• Contribute to the success of an innovative and industry-leading company